Business, 06.12.2019 06:31 kamarionnatillman13

"linda’s luxury travel (llt) is considering the purchase of two hummer limousines. various information about the proposed investment follows: initial investment (2 limos) $ 600,000 useful life 8 years salvage value $ 100,000 annual net income generated 48,000 llt’s cost of capital 12 % assume straight line depreciation method is used."required: llt evaluate this project by calculating each of the following: accounting rate of return. payback period. net present value.

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